Sample interview questions: Can you provide examples of how you have effectively negotiated contracts and pricing with vendors?
Sample answer:
Examples of Effective Contract and Pricing Negotiations with Vendors:
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Negotiated a 15% discount on venue rental:
- Researched comparable venues and their rental fees.
- Presented evidence to the venue manager, demonstrating that their pricing was higher than the market average.
- Negotiated a lower rate based on off-season availability and commitment to book multiple services (e.g., catering, beverage package).
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Secured reduced rates on floral arrangements:
- Established relationships with multiple florists and requested competitive bids.
- Provided detailed specifications and requested out-of-season flowers to lower costs.
- Negotiated a package deal for both ceremony and reception flowers, resulting in significant savings.
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Negotiated an all-inclusive photography package:
- Determined the desired level of coverage an… Read full answer